W1M Asset Management Buys 1.16M Shares Worth $325.5M in IBM
W1M Asset Management Ltd bought a new stake in International Business Machines in the second quarter, purchasing 1,157,301 shares valued at about $325.5 million, per its SEC Form 13F. IBM reported quarterly earnings of $2.93 per share, matching consensus, and disclosed a quarterly dividend to be paid September 10. Analysts also updated ratings and targets.